WebMoney adds Ripple and Dash linked notes

WebMoney Transfer, a global settlement system and environment for online business activities today announced the addition of Ripple (XRP) and Dash (DASH) linked notes to its INDX online exchange.

Notes of Ripple (XRP), the native asset of cross-border payment blockchain platform Ripple will be secured by the platform’s exchange units, where 1 XRP.ECU note is valued at an equivalent to 1 (one) Ripple accounting unit (XRP).

Any trader registered with INDX can sell/purchase instruments without opening the account in the brokerage office. The exchange between instruments and WM title units is carried out between the traders when the transaction is made. INDX itself doesn’t participate in the transaction and only provides the technical capability to guarantee the execution of transactions.

Via INDX one can trade derivative securities called NOTES, which are secured by:

shares of Russian Joint Stocking Companies;

shares of foreign companies;

other assets.

The Note has the conditional nominal value set by the Broker when registering the instrument.

INDX allows making leveraged and short-term transactions during one exchange day.